The Employee Oriented Style Identified in the University of Michigan

question 56

Multiple Choice

The employee oriented style identified in the University of Michigan studies is similar to the ________ style identified by Ohio State.

• A)initiating structure
• B)autocratic
• C)laissez-faire
• D)consideration

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Definitions:

Utility

A measure of satisfaction or happiness that consumers derive from consuming goods and services.

Train Tickets

Tickets that grant the holder the right to travel on a train service, typically specifying the journey details.

Diminishing Marginal Utility

Diminishing Marginal Utility is an economic concept stating that as a person consumes more of a good or service, the satisfaction (utility) gained from consuming each additional unit decreases.

Total Utility

The total satisfaction or benefit that a person receives from consuming a given total quantity of a good or service.